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Legal,Regulation,Tax & Compliance

03/08/2024

Approval of temporary exemptions from conditions for maintaining the listing in accordance with article 7 Listing Rules and the delisting of Crealogix Holding AG's registered shares

Temporary exemptions from certain conditions for maintaining the listing in accordance with article 7 Listing Rules

03/07/2024

Ex-CEO, directors of Envision Wealth Management charged by MAS

They allegedly committed offences against the Securities and Futures Act, amongst others.

03/07/2024

UBS scraps Credit Suisse coal financing rollback

Global asset manager will instead detail its own plan for climate change.

03/06/2024

Stonehage Fleming Receives FINMA Operating Licence

In 2020, new financial regulations were introduced by FINMA

03/06/2024

HSBC Switzerland gains fair employer certification

The international private bank wants to be an employer of choice.

03/04/2024

Swiss bank accuses Macquarie of distorting valuations for higher fees

It is heavily in debt, and has struggled to pay employees this year.

03/04/2024

PIMFA urges Financial Conduct Authority to provide firms with the confidence they need to offer a Simplified Advice model

This will ensure that the advice given is focused on a specific outcome and client need, rather than taking consideration of the client’s wider needs and objectives which is currently required were they providing holistic advice.

03/01/2024

FSB recommends further strengthening of the framework for global systemically important banks in Switzerland

The review examines Switzerland’s implementation of the FSB’s TBTF reforms for G-SIBs.

02/29/2024

Amundi Turns Against Swiss Franc as Central Bank Intervention Seen Done

The low-yielding franc has already tumbled nearly 3% against a basket of major currencies in 2024

02/29/2024

Deferral of German exit taxes when moving to Switzerland

The German Federal Fiscal Court (BFH) recently passed a landmark decision on exit taxation, concerning the deferral of taxes for individuals moving from Germany to Switzerland.

02/27/2024

Never mind the Budget: As UK tax burden hits record highs - seven ways to give yourself a tax cut

The highest earners are also restricted by the tapered annual allowance

02/27/2024

IQ-EQ wins ‘Best Regulatory Reporting Solution’ at Fund Intelligence Operations and Services Awards 2024

IQ-EQ was awarded ‘Best Regulatory Reporting Solution’, rewarding our commitment to providing top-tier regulatory reporting services to the global market.

02/27/2024

ZEDRA and Knowa announce pioneering sole trustee governance collaboration

This collaboration introduces significant advancements in governance practices

02/26/2024

UAE Gets the All Clear From the FATF

The wealth management boom in the Middle East can continue unimpeded, with a significant obstacle now being moved out of the way.

02/22/2024

ESG ratings agreement marks a “crucial” step, but “gaps” exist: Efama

ESG rating providers will also not be allowed to provide credit rating, auditing or consultancy services to avoid conflict of interest, it pointed out.

02/21/2024

The Bahamas Removed From The European Union’s List Of Non-Cooperative Jurisdictions For Tax Purposes

The removal of The Bahamas from the EU’s list clearly underscores the significant progress made over the past year

02/21/2024

Revealed: The 36% boom in Swiss-domiciled funds

While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged.

02/19/2024

UBS's response to the lawsuit delivered to our law firm

This comprises almost 150 pages plus extensive appendices.

02/16/2024

Credit Suisse officials, KPMG beat US lawsuit over bank's demise

KPMG was accused of "active complicity," with its New York offices being "all but part of" Credit Suisse's nearby offices, before PricewaterhouseCoopers became the bank's auditor in 2020.

02/15/2024

Will Hunt move on income tax or National Insurance, inheritance tax or stamp duty?

Changes to stamp duty land tax relief are still due to be reversed from 31 March 2025, and pressure on the Government to make the changes permanent has grown.

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